Suriname, South America's smallest and greenest country, is tying its future to a $10.5bn offshore oil development led by TotalEnergies. As energy markets around the world reel from wars with Russia a
to everyone saying "if they are responsible like country X, they can become developed" - the Suriname state run oil company is taking out massive loans for this effort and only get 20% of the resource value out of their own well. Comparing Suriname to Norway is ahistorical.
Your biggest issue is that you are asserting that countries extract oil and depending on it for income have suffered. That is completely wrong, the problem is not with oil dependency not with resource curses, the issue is with the underlying culture of that place.
There are many courses who have huge oil income and are very much dependent on oil but are prosperous because they know how to use the oil wealth.
Please make sure to make good reforms, squash corruption, invest in infrastructure and high quality education alined to the job market. I wish the best for that country in every area.
kind of surprises me that all this infrastructure and economic development is only 6000 jobs. Like it feels like more people should be employed in this
Excelente documentário!! O ouro negro está outra vez a suplementar o ouro verde ...que é mais sustentável?! É uma transição cheia de percalços?! Os combustíveis fósseis estão a ganhar e ainda estamos tão dependentes dele...quando travamos esta adição?!
I've lived in Brunei for almost ten years, the population is similar with vast untouched rain forest. The country has vast amounts of oil and gas and the people have truly prospered even with the sultan and his family taking almost all the wealth for themselves. Suriname must invest in its people and infrastructure and it should turn out ok. Just look at the Scandinavian.
I am from surinam. The oil profits will probably end up in the hands of the corrupt politicians just like the gold and bauxiet and logging earnings
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There are many courses who have huge oil income and are very much dependent on oil but are prosperous because they know how to use the oil wealth.